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Machine tool user activity remains steady.

Business activity and financial strength of U.S. machine tool users stayed essentially steady in September, according to the Charmilles Machining Business Activity Index.

"September, 2005 business activity was up solidly from June, 2005," reports the index, the Index. "Users' ability to pay their bills was unchanged from August, and only down slightly from June, which was the highest level in the last 10 years."

Charmilles, a Swiss company, is a leading North American supplier of wire EDM, CNC die sinking, and manual EDM systems. Its index has been in existence since October 2004.

The Charmilles Machining Business Activity Index reached 69 in September--up from 60 in August. Any reading above 50 indicates that business activity has improved. The improvement in business activity was strongest in the plastic injection mold and medical sectors and in the Midwest region.
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Title Annotation:Industry News
Publication:Modern Applications News
Date:Dec 1, 2005
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